The Central Bank of Bahrain reduced its one-week deposit facility rate by 25 basis points to 5.25% in December 2024, aligning with the U.S. Federal Reserve's similar rate cut. Additionally, the overnight deposit rate was lowered to 5.25%. These measures aim to uphold Bahrain’s monetary and financial stability amidst global economic shifts. Bahrain typically follows the Fed’s moves due to its currency peg, maintaining a fixed exchange rate of 0.376 Bahraini dinars per U.S. dollar. source: Central Bank of Bahrain
The benchmark interest rate in Bahrain was last recorded at 5.25 percent. Interest Rate in Bahrain averaged 2.01 percent from 2006 until 2024, reaching an all time high of 6.25 percent in July of 2023 and a record low of 0.50 percent in September of 2009. This page provides the latest reported value for - Bahrain Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bahrain Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025.
The benchmark interest rate in Bahrain was last recorded at 5.25 percent. Interest Rate in Bahrain is expected to be 5.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahrain Interest Rate is projected to trend around 4.75 percent in 2025 and 4.25 percent in 2026, according to our econometric models.